Volume 45, Number 17 July 23, 2021 By Hugh F. Kelly, Ph.D., CRE Photo: Benjamin Clapp/Shutterstock.com Political Polarization was listed as the #7 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. There seems to be nothing new about America’s political polarization. Depending upon one’s historical perspective, this […]

Volume 45, Number 16 July 22, 2021 By George T. Vallone, CRE Photo: Kedofoto/Shutterstock.com Housing Supply and Affordability was listed as the #6 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. When I wrote on this same topic a year ago, there was a shortage of 7.2 […]

Volume 45, Number 15 July 14, 2021 By Scott R. Muldavin, CRE Emeritus, and Korin Crawford, CRE Photo: yelantsevv/Shutterstock.com Infrastructure: New Imperatives Emerge was listed as the #5 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. The COVID-19 pandemic, climate change, and heightened societal interest in social and […]

Volume 45, Number 14 July 9, 2021 By K.C. Conway, CRE, CCIM, MAI Photo: Travel mania/Shutterstock.com Logistics was listed as the #4 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Introduction Logistics conjures images of the brown UPS delivery vehicle from the 1980s for most baby boomers. […]

Volume 45, Number 13 July 7, 2021 By Deborah J. Cloutier, CRE Photo: fokke baarssen/Shutterstock.com ESG at a Tipping Point was listed as the #3 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Introduction Environmental, social, and governance (ESG) has reached a tipping point. In a 2019 McKinsey […]

Volume 45, Number 12 July 2, 2021 By Noah D. Shlaes, CRE, and Thomas Shircliff, CRE Photo: Quardia/Shutterstock.com Technology Acceleration and Innovation was listed as the #2 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Technology once again makes our Top Ten list but under different conditions and […]

Volume 45, Number 11 June 30, 2021 By Cassandra J. Francis, CRE, and Tomáš Ctibor, CRE Photo: Olesya Kuznetsova/Shutterstock.com Remote Work & Mobility was listed as the #1 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Introduction COVID-19’s disruption during 2020 has significantly impacted the world’s economy, demographics, […]

Volume 45, Number 10 June 14, 2021 By Daniel Rose, CRE Emeritus Photo: Mike Ver Sprill/Shutterstock.com “You can never step into the same river twice, since the river keeps changing and you keep changing.” The ancient Greek philosopher Heraclitus could have been referring to New York. He would have understood an evolving New York in […]

PERSPECTIVE Volume 45, Number 9 May 28, 2021 By Andrew J. Nelson, CRE Photo: Girts Ragelis/Shutterstock.com Despite wholly different market dynamics, the office property sector is confronting some challenging adjustments coming out of the pandemic that eerily mirror those buffeting the retail sector. American office workers are preparing to venture out from their home offices […]

Volume 45, Number 8 May 7, 2021 By Bradley R. Carter, CRE, MAI, CCIM, CDEI and J. Tyler Leard Photo: Jeff Whyte/Shutterstock.com Introduction A well-constructed restaurant building can stand for 40 years, or perhaps much longer. However, as this article seeks to explore, the economic life of a restaurant building, or the period for which […]